Johannesburg summit a historic milestone in Global South unity
1 year, 3 months ago

Johannesburg summit a historic milestone in Global South unity

China Daily  

WANG XIAOYING/CHINA DAILY The recently concluded BRICS Summit in Johannesburg took a significant step toward building a new international order in which developing and emerging market economies will determine the relationship framework. That the Johannesburg summit was attended by representatives of 55 developing countries shows the Global South is on the way to building a fair, just and equitable world order. While South African President Cyril Ramaphosa did justice to his role as the host of the summit and raised hopes of Global South solidarity by inviting two African countries to join BRICS, Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula De Silva played their due roles in promoting the BRICS' agenda. That the United States is alarmed by the rise of the developing world was evident in the US National Security Advisor Jake Sullivan's announcement on Aug 22, the day the BRICS Summit began, that President Joe Biden will call for reforms at the G20 Summit in New Delhi next month to ensure the International Monetary Fund and the World Bank better serve the needs of developing countries. Developing countries have enough experience to realize that Biden's "promise to reform" the IMF and the World Bank is just another tactic to maintain the US' hegemony.

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